MAM
Salil Kulkarni joins Zoom as regional head, West Zone, sales
MUMBAI: Salil Kulkarni has been roped in as the regional head, West Zone, sales by Zoom Entertainment Network.
Kulkarni will look after all revenue aspects for the region including FCT and special projects for the Bollywood entertainment channel. He will report into Zoom VP-sales Hersh Bhandari.
“I am delighted to be part of the Zoom family. The channel epitomises Bollywood in its truest sense and it will be a pleasure to be part of the success story of Zoom,” Kulkarni said.
Prior to Zoom, he was with Sri Adhikari Brothers‘ music channel Masti, handling sales for Mumbai, Pune and Ahmedabad regions. He has also worked on the group‘s Hindi regional channels – Dabangg and Dhamaal.
Earlier, he has worked with Business Standard, Business World and NDTV Media.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI:Â Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
